From: | CHARLES PATRIZIA <CAPATRIZIA@phjw.com> |
Date: | 15 May 1998 11:13:48 |
Reply: | cpeo-brownfields |
Subject: | Re: Lots of questions... |
There are probably lots of different reasons, and there may be as many reasons as there are different groups. A few that come to mind: 1. For some of the groups you mention, listing is just not a priority -- For planners, redevelopment authorities, etc., a general listing may not be in keeping with the structured plan that they have in mind or already underway on. They may neither the time nor the resources to either fill out forms, or sit with you as you fill out forms. 2. For private owners/developers, a general listing may conflict with brokering arrangements that are already in place; and in any event, they will tend to use lists that they know attract interest from buyers/tenants. Unless you can demonstrate that your listing leads to deals, they have no reason to spend anytime filling out forms or providing information. 3. Even though you say the information is confidential, as a lawyer I would not be confident that confidentiality could be maintained. I would certainly be concerned about a public listing that marked (not to say stigmatized) a site as a "brownfield". Unless the owner has already made his/her peace with the relevant agencies, calling a site "contaminated" could create some issues, and may not be a good marketing ploy in any event. 4. If the site has been remediated, at least to some level, the local authorities and owners have no reason to call attention to its prior history. I'm back, I suppose, to a song I've sung before in this group -- brownfields get redeveloped or reused not because they're available, but because someone comes along whose need matches up to the property's characteristics, including location, cost, ease of permitting, availability of financing, etc. A listing which doesn't give addresses, etc., won't answer those questions for most businesses. I wonder if instead it would be better to try to come up with some kind of "matching" program. I.e., if I wanted to search for a property in one of two or three states, that had highway and rail access, was already zoned industrial and was in an urban area of a given size, maybe even in an enterprise zone where I could get some financing or tax benefits, could I tell that from your listing? If not, what is the benefit of looking at your listing? Chuck Patrizia | |
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